Finance News Network

News by Katrina Bullock

Katrina Bullock

Finance News Network

CIMIC Group (ASX:CIM) NPAT $474 million for Jan to Sep 2020

09 Oct 2020 - CIMIC Group (ASX:CIM) has released its results for the nine months to 30 September 2020. Net profit after tax was $474 million.

Strike Energy (ASX:STX) secures $28 million funding facility

09 Oct 2020 - Oil and gas exploration company Strike Energy (ASX:STX) has finalised terms with Macquarie Bank for a $28 million, two year, secured debt facility to cover appraisal …

Newcrest (ASX:NCM) to spend $236 million on Cadia expansion & Lihir project

09 Oct 2020 - The board of Newcrest Mining (ASX:NCM) has approved two projects, which will now move to the execution phase.

WAM Capital (ASX:WAM) strikes back at CLF board: Aus shares set for a 0.2% gain

09 Oct 2020 - The ASX futures are pointing to a 0.2 per cent gain at the open after a rocky session on Wall Street, as investors take a punt on the likelihood of a potential US sti…

President Trump contracts Covid-19: Aus shares close 1.4% lower

02 Oct 2020 - The Aussie dollar has toppled, and US futures are looking bleak after confirmation that President Donald Trump and First Lady Melania Trump have contracted Covid-19. …

Mesoblast (ASX:MSB) hits approval hurdle: Aus shares 0.9% lower at noon

02 Oct 2020 - The Australian share market opened lower and continued to sink in early trade. Most of the sectors have lost ground this morning, with energy stocks weighing heaviest…

600 jobs lost as Collins Foods (ASX:CKF) closes Sizzler in Australia

02 Oct 2020 - Collins Foods (ASX:CKF) has announced the end of an era with its 9 remaining Sizzler restaurants in Australia scheduled to permanently close by 15 November 2020.

nib Holdings (ASX:NHF) annual NPAT down 40%

02 Oct 2020 - NiB group revenue grew 3.4% to $2.5 billion.

Breville (ASX:BRG) acquires Baratza

02 Oct 2020 - Kitchen appliance manufacturer, Breville Group (ASX:BRG) has acquired Baratza on a cash and debt free basis for approximately US$60 million.

Imugene (ASX:IMU) secures core US patent

02 Oct 2020 - Immuno-oncology company, Imugene (ASX:IMU) has been granted a patent from the US United States Patent and Trademark Office which it says protects its cancer growth fa…

Select Harvest (ASX:SHV) to snap up Piangil Almond Orchard: Aus shares tipped to open lower

02 Oct 2020 - Aussie shares are tipped to slide at the open following news that the US Republicans and the Democrats are still far from reaching a deal for a fiscal-stimulus packag…

Mainstream Group Holdings (ASX:MAI) FY20 results & outlook

30 Sep 2020 - Mainstream Group Holdings Limited (ASX:MAI) CEO Martin Smith provides an update on the company's FY20 results, the impact of COVID-19, strategy and outlook.

Elixinol Global (ASX:EXL) trading update, positives in all regions

29 Sep 2020 - Elixinol Global Limited (ASX:EXL) CEO Oliver Horn provides an updates on trading conditions across the company's key markets, its new distribution agreement in the UK…

Cue Energy (ASX:CUE) settles litigation: Aus shares close 1.5% higher

25 Sep 2020 - It has been a positive day of trade for the Australian share market. The ASX200 index rose in early trade, and tracked sideways for most of the day to close 1.5 per c…

Banks rise on plans to soften responsible lending laws: Aus shares 1.4% higher at noon

25 Sep 2020 - The Australian share market has advanced in early trade. All of the sectors are up, with Financials leading the charge following news that the Federal Government is l…

Vista (ASX:VGL) purchases remaining 50% of Maccas

25 Sep 2020 - Vista Group (ASX:VGL) has purchased the remaining 50 per cent of Maccs International B.V for a net payment of €1.1 million.

Gentrack Group (ASX:GTK) forecasts a drop in FY21 profitability

25 Sep 2020 - Gentrack Group (ASX:GTK) has announced that it now expects EBITDA for the 2020 financial year to be ahead of the top end of analysts’ forecasts of around $11 million.

Aussie smallcap Vulcan (ASX:VUL) nabs former Tesla director

25 Sep 2020 - Vulcan Energy Resources (ASX:VUL) has announced that a former director of Tesla for Central Europe, Jochen Rudat, will be joining Vulcan’s business development team e…

Opthea (ASX:OPT) plans Nasdaq listing

25 Sep 2020 - Biopharmaceutical company Opthea (ASX:OPT) has revealed plans to list American depositary receipts on the Nasdaq index.

Gold Road (ASX:GOR) suffers production interruption: Aus shares set to edge higher

25 Sep 2020 - Australian shares are set for a modest rise at the open following wild swings on Wall Street overnight as investors weigh the odds of further potential government sti…

Factoring climate change risks into financial valuations

23 Sep 2020 - Clayton Utz Partner Brendan Bateman discusses climate change risks, the legal duties of directors and how to factor such risks into financial valuations.

Whitehaven (ASX:WHC) shareholders forced to respond to climate change concerns: Aus shares close 0.3% lower

18 Sep 2020 - The Australian share market ended the session 0.3 per cent lower than it started out. At the closing bell the S&P/ASX 200 index closed 19 points lower to finish at 5,…

QuickFee (ASX:QFE) completes $15M placement: Aus shares flat at noon

18 Sep 2020 - The Australian share market opened flat this morning and continues to trade flat at noon. Goldman Sachs rates Nanosonics (ASX:NAN) as a neutral, with a 12 month price…

Emeco completes (ASX:EHL) $38M raising

18 Sep 2020 - Mining services company Emeco Holdings (ASX:EHL) has successfully completed a retail entitlement offer.

Zlatko Todorcevski leaves Coles (ASX:COL)

18 Sep 2020 - Zlatko Todorcevski has retired as non-executive director of Coles Group (ASX:COL).

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